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4454-4460 Illinois St 5 Unité Immeuble d’appartements 2 239 568 $ CAD (447 914 $ CAD/Unité) 3,75% Taux de capitalisation San Diego, CA 92116



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Faits saillants de l'investissement
- Prime North Park location within the highly walkable 92116 zip code, offering strong and steady rental demand
- Abundant off-street parking for tenants with two (2) double-car garages
- Value-add opportunity with potential garage-to-ADU conversions, creating future upside through additional units and increased cash flow
- Boutique five-unit multifamily asset featuring four 1BD/1BA units (avg. 585 SF) and one large 2BD/2BA unit (approx. 1,300 SF)
- Highly walkable neighborhood providing residents convenient access to dining, retail, parks, and everyday amenities
Résumé de l'annonce
We are pleased to present 4454–60 Illinois Street, a boutique multifamily offering ideally positioned in the heart of North Park, one of San Diego’s most vibrant and supply-constrained urban rental markets.? Located within the highly walkable 92116 zip code, the property boasts a Walk Score of 84, providing residents with immediate access to neighborhood dining, retail, parks and daily conveniences - a lifestyle feature that continues to drive strong tenant demand.?
The property is comprised of five well-designed apartment homes, featuring four one-bedroom/one-bathroom residences averaging 585 square feet and one expansive two-bedroom/two-bathroom residence measuring approximately 1,300 square feet.? These efficient and functional floorplans cater to a wide range of renters seeking comfort, usability, and proximity to San Diego’s most desirable central neighborhoods.?
Situated within a high-demand rental corridor known for its walkability, charm, and limited multifamily inventory, 4454–60 Illinois Street benefits from consistent occupancy and long-term renter appeal.? With its central location, neighborhood amenities, and strong connectivity to the greater San Diego region, the property represents a compelling opportunity for stable, durable rental performance.
The property is comprised of five well-designed apartment homes, featuring four one-bedroom/one-bathroom residences averaging 585 square feet and one expansive two-bedroom/two-bathroom residence measuring approximately 1,300 square feet.? These efficient and functional floorplans cater to a wide range of renters seeking comfort, usability, and proximity to San Diego’s most desirable central neighborhoods.?
Situated within a high-demand rental corridor known for its walkability, charm, and limited multifamily inventory, 4454–60 Illinois Street benefits from consistent occupancy and long-term renter appeal.? With its central location, neighborhood amenities, and strong connectivity to the greater San Diego region, the property represents a compelling opportunity for stable, durable rental performance.
Faits sur la propriété
| Prix | 2 239 568 $ CAD | Sous-type de propriété | Appartement |
| Prix par unité | 447 914 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,16 AC |
| Taux de capitalisation | 3,75% | Taille du bâtiment | 3 640 pi² |
| Multiplicateur du loyer brut | 14.26 | Nombre d’étages | 2 |
| Nombre d’unités | 5 | Année de construction | 1942 |
| Type de propriété | Immeuble residentiel | ||
| Zonage | R4 | ||
| Prix | 2 239 568 $ CAD |
| Prix par unité | 447 914 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 3,75% |
| Multiplicateur du loyer brut | 14.26 |
| Nombre d’unités | 5 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | C |
| Taille du lot | 0,16 AC |
| Taille du bâtiment | 3 640 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1942 |
| Zonage | R4 |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 4 | 2 791 $ CAD | 585 |
| 2+2 | 1 | 3 499 $ CAD | 1 300 |
1 1
Très accessible à pied
80/100
Très bien adapté aux voitures
80/100
Transports en commun relativement accessibles
50/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | 446-121-21 | Évaluation des bâtiments | 437 398 $ CAD |
| Évaluation du terrain | 758 766 $ CAD | Évaluation totale | 1 196 164 $ CAD |
Impôts fonciers
Numéro de lot
446-121-21
Évaluation du terrain
758 766 $ CAD
Évaluation des bâtiments
437 398 $ CAD
Évaluation totale
1 196 164 $ CAD
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4454-4460 Illinois St
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